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From today, City Hotel Limited will close its initial public offering (IPO) for Nepalese working abroad.
City Hotel Limited is ending the issue of 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad today, on the 5th Baisakh, 2080. The issue debuted on Chaitra 21, 2079. Similarly, on the 25th of Baisakh, 2080, the corporation would issue 13,55,940 unit shares with a face value of Rs 100 […]
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Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.
Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the […]
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On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.
Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.
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The Makar Jitumaya Suri Hydropower IPO has concluded.
Makar Jitumaya Suri Hydropower Company Limited’s first public offering (IPO) was completed today at Prabhu Capital Limited in Kathmandu. Makar Jitumaya Suri Hydropower Company Limited released 1,337,302 units worth Rs 13.37 crores to the general public as an Initial Public Offering (IPO) (Chaitra 19- 22, 2079).
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The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies
The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses to two more micro insurance companies. The authorities have given licenses to Protective Micro Insurance Ltd Nepal and Crest Micro Life Insurance Ltd.
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GRDBL proposes a 4% dividend for fiscal year 2078/79.
For fiscal year 2078/79, Green Development Bank Limited (GRDBL) has proposed a 4% dividend. The board of directors decided to distribute 3.80% bonus shares and 0.20% cash dividend (for tax purposes) from the paid-up capital at its 191st meeting on Chaitra 26. Because the company’s paid-up capital is Rs. 51.90 crores, the bonus shares […]
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NMB Bank has completed the sale of its 10.75% -2089/2090 NMB Debenture.
NMB Bank Ltd issued 40 lakh units of Debenture totaling Rs. 4,00,00,00,000 under the issue and sales management of NIBL Ace Capital Limited (Four Arba Rupees Only). The debenture has a 10-year term and pays 10.75% interest per year. The “NMB Debenture 10.75% – 2089/2090” issue was opened on 2079/12/21, was oversubscribed in 4 days, […]
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Through its new extension counter, Nepal Investment Mega Bank now serves Belbari in Morang.
On Chaitra 24, 2079, Nepal Investment Mega Bank opened its new extension counter at Belbari nagarpalika-9 Dangihat in Morang. According to a media statement, the latest facility was jointly inaugurated by Koshi province head of the bank Mr. Rajeev Gajurel and Nagarpalika mayor Mr. Dil Prasad Rai during a program. The bank’s network currently […]
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Ganapati Laghubitta calls the 6th AGM and approves all financial reports.
Ganapati Laghubitta held its 6th AGM on Chaitra 25, 2079, under the chairmanship of Ms. Archana Pradhan. According to the media statement, the AGM approved all fiscal and other reports presented by microfinance officials.
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From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.
Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early […]
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